Marc Arnold

University of St. Gallen - School of Finance

Unterer Graben 21

St.Gallen, CH-9000

Switzerland

Swiss Finance Institute

c/o University of Geneva

40, Bd du Pont-d'Arve

CH-1211 Geneva 4

Switzerland

SCHOLARLY PAPERS

12

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Top 23,045

in Total Papers Downloads

3,426

SSRN CITATIONS
Rank 31,862

SSRN RANKINGS

Top 31,862

in Total Papers Citations

22

CROSSREF CITATIONS

4

Scholarly Papers (12)

1.

Growth Options, Macroeconomic Conditions and the Cross-Section of Credit Risk

Journal of Financial Economics (JFE), 2013, vVol. 107, pp. 350-385, Swiss Finance Institute Research Paper No. 10-19
Number of pages: 79 Posted: 17 Mar 2010 Last Revised: 28 Mar 2019
University of St. Gallen - School of Finance, University of Zurich - Department of Banking and Finance and Copenhagen Business School
Downloads 630 (64,695)
Citation 17

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Asset composition, capital structure, credit spread puzzle, equity premium, growth options, macroeconomic risk, value premium

2.

Attention Triggers and Investors' Risk-Taking

Journal of Financial Economics, DOI: 10.1016/j.jfineco.2021.05.031, ADB-IGF Special Working Paper Series “Fintech to Enable Development, Investment, Financial Inclusion, and Sustainability”
Number of pages: 69 Posted: 20 Jul 2020 Last Revised: 27 May 2021
University of St. Gallen - School of Finance, Paderborn University and New York University (NYU) - Leonard N. Stern School of Business
Downloads 623 (65,783)
Citation 4

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Investor Attention, Trading Behavior, Risk-Taking

3.

The Impact of Central Clearing on Banks' Lending Discipline

Paris December 2016 Finance Meeting EUROFIDAI - AFFI
Number of pages: 42 Posted: 19 Nov 2013 Last Revised: 10 Sep 2016
Marc Arnold
University of St. Gallen - School of Finance
Downloads 497 (87,052)
Citation 2

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Credit Risk Transfer, Central Clearing, Lending Discipline, Systemic Risk

The Influence of Creditor Governance on Firms

University of St.Gallen, School of Finance Research Paper No. 2015/14
Number of pages: 71 Posted: 18 Jul 2015 Last Revised: 28 Jul 2021
Marc Arnold and Ramona Westermann
University of St. Gallen - School of Finance and Copenhagen Business School
Downloads 349 (130,149)

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Debt Renegotiation, Creditor Governance, Debt Pricing

Debt Renegotiations outside Distress

Paris December 2018 Finance Meeting EUROFIDAI - AFFI
Number of pages: 60 Posted: 04 Jun 2018 Last Revised: 19 May 2022
Marc Arnold and Ramona Westermann
University of St. Gallen - School of Finance and Copenhagen Business School
Downloads 73 (482,872)

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Debt Renegotiation, Creditor Governance, Debt Pricing

5.

Neglected Risk in Financial Innovation: Evidence from Structured Product Counterparty Exposure

Forthcoming, European Financial Management, University of St.Gallen, School of Finance Research Paper No. 2014/6, Swiss Finance Institute Research Paper No. 14-24
Number of pages: 56 Posted: 02 Apr 2014 Last Revised: 10 Jul 2020
University of St. Gallen - School of Finance, Independent and University of Zurich - Department of Banking and Finance
Downloads 371 (122,435)
Citation 2

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Neglected risk, structured products, counterparty risk, investor attention

6.

Financing Asset Sales and Business Cycles

Review of Finance, Forthcoming
Number of pages: 50 Posted: 19 Nov 2013 Last Revised: 24 Jul 2017
University of St. Gallen - School of Finance, Boston University - Department of Finance & Economics and University of Mannheim - Department of International Finance
Downloads 371 (122,435)
Citation 1

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Asset Sales, Wealth Transfer Problem, Leverage, Business Cycles, Real Options

7.

Pricing, Demand, and Product Design of Innovative Securities: The Role of Investor Information

University of St.Gallen, School of Finance Research Paper No. 2017/04, Paris December 2017 Finance Meeting EUROFIDAI - AFFI
Number of pages: 63 Posted: 15 Mar 2017 Last Revised: 18 Feb 2022
Manuel Ammann, Marc Arnold and Simon Straumann
University of St. Gallen - School of Finance, University of St. Gallen - School of Finance and WHU - Otto Beisheim School of Management
Downloads 332 (138,305)
Citation 1

Abstract:

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structured products, investor information, financial innovation

8.

Banks' Loan Screening Incentives with Credit Risk Transfer: An Alternative to Risk Retention

University of St.Gallen, School of Finance Research Paper No. 2014/2
Number of pages: 37 Posted: 16 Apr 2014 Last Revised: 18 Aug 2014
Marc Arnold
University of St. Gallen - School of Finance
Downloads 121 (345,364)

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Credit Risk Transfer, Callable Credit Default Swaps, Screening Incentives

9.

Online Appendices to Financing Asset Sales and Business Cycles

Number of pages: 20 Posted: 24 Jul 2017 Last Revised: 16 Sep 2017
University of St. Gallen - School of Finance, Boston University - Department of Finance & Economics and University of Mannheim - Department of International Finance
Downloads 33 (669,138)

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Asset Sales, Wealth Transfer Problem, Leverage, Business Cycle, Real Options

10.

Economic Consequences of Banks’ Use of their Discretion over the Accounting and Regulatory Treatment of Investment Securities

Number of pages: 55 Posted: 08 Dec 2022
Marc Arnold, Minyue Dong and Romain Oberson
University of St. Gallen - School of Finance, University of Lausanne - Faculty of Business and Economics (HEC Lausanne) and Université Laval - School of Accounting
Downloads 21 (767,647)

Abstract:

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investment securities, accounting discretion, regulatory arbitrage, information asymmetry, banks

11.

Creditor Control Rights and the Pricing of Corporate Loans

Number of pages: 72 Posted: 02 Feb 2023
Angel Tengulov, Marc Arnold and Nicola Kollmann
University of Kansas - School of Business, University of St. Gallen - School of Finance and University of St.Gallen
Downloads 5

Abstract:

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Loan Pricing, Creditor Governance, Creditor Control Spread.

12.

Managerial Cash Use, Default, and Corporate Financial Policies

Journal of Corporate Finance, Forthcoming
Posted: 31 May 2012 Last Revised: 24 Jun 2014
Marc Arnold
University of St. Gallen - School of Finance

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Cash holdings, default risk, managerial control